Econocasts

Thursday, October 1, 2015

The XOI.X cycle model suggests we are approaching a low for the index. The model suggests the target date of October 9, 2015 as the cycle low. Please remember these are models, and not reality, and that the "true" target low may have already occurred, or could still be a few months away. Or, "All models are wrong but some are useful." A previous iteration of the model is shown below and here on the blog. This model has been well-behaved in the past, however, that is not a guarantee for the future since sometimes cycles extend, even to the point of blowing up!